Use the Table for the Question(s)below

question 11

Multiple Choice

Use the table for the question(s) below.
Consider a project with the following cash flows in $:
-Assume the appropriate discount rate for this project is 15%.The profitability index for this project is closest to:

• A).14.
• B).22.
• C).60.
• D).15.

---

Definitions:

Light-Independent Reactions

Also known as the Calvin cycle, these are chemical reactions in photosynthesis that convert carbon dioxide and other compounds into glucose, occurring without the direct need for light.

Carbon

A chemical element with symbol C and atomic number 6, known as the basic building block of life, present in all known life forms and the basis of organic chemistry.

PGAL

Phosphoglyceraldehyde, a three-carbon molecule that is an important intermediate in the photosynthetic conversion of carbon dioxide into glucose as well as in glycolysis.